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CMFO - Municipal Budgeting

CMFO - Municipal Budgeting

Class Date: 
Wednesday, February 14, 2018 (All day)
Time: 
8:00am - 5:00pm
TimeZone: 
EST
Price: 
$110.00
Classroom: 
Knoxville - University Avenue - Room 118
Address: 
1610 University Avenue
Contact: 
Buckner, Michelle
Class Description: 
The budgeting class begins with a discussion of the budgetary environment in municipal government.-á Although most of the constraints on budgeting come from the political environment in which it takes place, quite a few state laws and regulations exist that affect the budget process.-á Because every municipal budget must comply with these laws and regulations, it is necessary to review them in detail.-á Revenue and expenditure forecasting will be discussed; they are very important to making the enacted budget as accurate as possible.-á The class concludes with some best practices in budgeting that may be helpful to the finance officers as they work toward a better budget document.TOPICS COVERED:The Budgetary Environment Financial Policies and Guidelines The Budget Cycle Budgetary Accounting Budget Format Capital Budgeting Roles, Responsibilities and Processes for Municipal Budgeting in Tennessee Revenue Sources and Estimation Processes Expenditure Estimation Processes The Role of Unassigned Fund Balance The Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award